The dust has now settled after a frenetic final few days of transfer activity across the Premier League.

Over the summer clubs from England’s top flight spent a record £630m ($981 million) on players as increased revenue from new TV contracts and other lucrative spin offs helped cause a tremendous amount of expenditure on luxury players that will light up the league.

With plenty of late deals pushed through right before the deadline on Monday evening, some PL teams have strengthened considerably, while others are lagging behind after losing key players.

So, let’s get that gradebook out and analyze who ‘wheeled and dealed’ the best out of England’s 20 Premier League clubs.

We’re harsh markers, but we are fair.

Arsenal: B

Okay, the Gunners saved themselves from a failing grade right at the death of the window as they snatched Mesut Ozil in a monster $60 million deal that shattered the clubs transfers record. Arsene Wenger finally spent that cash burning a hole in his pocket, but probably two more players should have arrived with Arsenal still looking light up front. Ozil will be pivotal for their future and is the second most expensive player in English soccer history, the German international will be the main man at the Emirates for years to come.

Aston Villa: C

No huge signings for Villa during the window as Paul Lambert did all his business early after scouring European soccer for bargains. Jores Okore, Antonio Luna and Aleksandar Tonev all arrived as the Villans continue with their monumental rebuild. On deadline day Lambert added Czech striker Libor Kozak from Lazio but the big striker didn’t score at all last season in Serie A despite netting eight times in Europa League action. Another top striker was needed to help Christian Benteke but the fact that the Belgian powerhouse signed a new deal was the biggest ‘signing’ of Villa’s summer.

Cardiff City: B+

The Bluebirds have spent wisely and more than any of the other newly promoted teams. The signings of Andreas Cornelius, Gary Medel and Steven Caulker really strengthened their core as Malkay Mackay builds a strong squad at the Cardiff City Stadium. On deadline day Kevin Theophile-Catherine and Peter Odemwingie joined as Cardiff added even more depth as they prepare to battle through the winter months in South Wales.

Chilean holding midfielder Medel has already proven to be a great but for Cardiff.

Chelsea: B

José Mourinho kept hold of all his big names and added several promising youngsters to his squad. Late in the window he added Anzhi Makhachkala duo Willian and Samuel Eto’o which added pace and potency to his attack as the Blues missed out on Wayne Rooney. Plenty of fringe players are out on loan as Chelsea trimmed down their squad that’s now stacked with quality in every position. Good window for the ‘Special One.’

Crystal Palace: C+

So Ian Holloway’s powers of persuasion and infectious enthusiasm didn’t manage to attract all the payers that Palace would have liked but it’s given them a fighting chance. Forward Dwight Gayle looks a promising talent and the additions of Marouane Chamakh and Jason Puncheon on a free and loan deal respectively will turn out to be shrew pieces of business. The Eagles added Jamaican international Adrian Mariappa on deadline day to strengthen their defensive options.

Everton: B

A mixed bag for the Toffees who lost Marouane Fellaini right at the end of the window to Manchester United but managed to hold off the Red Devils advances for Leighton Baines. Adding Gareth Barry on loan and Wigan’s James McCarthy to replace Fellaini was good business and bringing in Romelu Lukaku on a loan deal from Chelsea could be sensational. Roberto Martinez will be disappointed to loose Fellaini but has some quality signings already this summer that should help the Toffees solidify their top eight status.

Fulham: C

Martin Jol has gone for experience and offensive talent during this window and I’m not too sure about his transfer policy. Darren Bent came in on loan from Villa, while Scott Parker and Adel Taarabt arrived in midfield. Too many similar players for the Cottagers, not a great window but not disastrous. New goalkeeper Maarten Stekelenburg went down injured on opening day and adding Fernando Amorebieta from Bilbao is a good addition.

Hull City: C+

Like Palace, the Tigers didn’t get all of their targets in the window as Charlie Austin and others fell through the net. However the signing of Tottenham duo Tom Huddlestone permanently and Jake Livermore on loan is a great bit of business for Steve Bruce. They badly needed another striker, despite adding Danny Graham on loan from Sunderland, and failed in a last minute bid for Shane Long.

French international defender Sakho joined Liverpool from PSG for $28 million on deadline day

Liverpool: B

After chasing several high profile players throughout the window, Liverpool came up short in their pursuit of a big name. But with the arrival of wingers Victor Moses and Iago Aspas, their attacking options should be increased this campaign. French international defender Mamadou Sakho joined on deadline day along with promising young defender TiagoLlori to help the Reds bolster their sparse looking defense. And Luis Suárez stayed on at Anfield, so that’s a plus. Right?

Manchester City: B+

New City manager Manuel Pellegrini acted swiftly in the transfer market to bring in Jesus Navas, Fernandinho, Alvaro Negredo and Stevan Jovetic early on in the window. The big money they spent on those four internationals looks likely to be good business and the addition of Martin Demechelis bolsters the Citizens’ backline. Losing Carlos Tevez shouldn’t be an issue as Negredo looks full of goals. Good work from Pellegrini as City gear up for an assault on the domestic competitions and the Champions League.

Manchester United: D

Where do we start with United? Well, the positive is that Wayne Rooney is still a Manchester United player. Apart from that, a plethora of Europe’s top players turned down a move to David Moyes’ Red Devils as they only brought in Marouane Fellaini right on the deadline. A potential move for Athletic Bilbao midfielder Ander Herrera turned into a farce on deadline day and Moyes found negotiations to sign Cesc Fabregas, Leighton Baines and others extremely difficult. Surely the Reds needed strengthening in other areas?

Newcastle United: D

Another side they only signed one player of note, the Magpies had a poor window as new Director of Football Joe Kinnear struggled to capture any of the Alan Pardew’s targets. QPR striker Loic Remy joined on a season-long loan but nobody else was added to a thin looking squad as the North East side spent no money. At least Newcastle aren’t in the Europa League this season, giving their small squad some respite.

Norwich City: B+

Great window for the Canaries. Chris Hughton spent big as he tried to address their problem area from last season; scoring goals. Norwich added Dutch forward Ricky van Wolfswinkel from Sporting Lisbon, Gary Hooper from Celtic and signed Swede Johan Elmander on loan. Leroy Fer looks a solid buy in midfield and England U-21 winger Nathan Redmond is a star of the future after arriving from Birmingham City.

Italian international striker Osvaldo joined Southampton for a club record fee of $22.5 million.

Southampton: B+

Another team who spent big in the window as three key signings arriving for the Saints. They strengthened throughout the spine of the team as Croatian international Dejan Loveren arrived in defense from Lyon, highly-rated Victor Wanyama in midfield and enigmatic Italian international Pablo Osvaldo up front. They kept hold of their young stars like Luke Shaw and added real quality. Southampton look so much stronger than this time last year.

Stoke City: C +

Not the big turnover many expected when Mark Hughes took over at the Britannia Stadium. He’s added a few players here and there with Stephen Ireland arriving on deadline day and a deal for New England Revolutions striker Juan Agudelo sealed for January 1. The Potters had a strong squad that underachieved last term, Hughes will look to get the best out of them after a bright start.

Sunderland: B-

Not really sure what to make of Paolo Di Canio’s many transfer dealings over the summer. The Italian manager signed 13 players in a mass overhaul of Sunderland’s squad. However after a poor start to the season and tough games on the way, the Black Cats could be languishing at the bottom in a few weeks time. Jozy Altidore and fellow new arrivals haven’t quite gelled yet. How long will it take? Midfielder Ki from Swansea, striker Fabio Borini from Liverpool and defender Andreas Dossena from Napoli all arrived on deadline day.

Swansea City: B+

Another good window for the Swans who added striker Wilfried Bony and midfielder Jonjo Shelvey as their two big buys. Plenty more stars in the making arrived from La Liga as Michael Laudrup once again dug deep into his knowledge of the Spanish leagues. A few players could be another Michu in the making, with Jose Canas and Jordi Amat arriving on the cheap and already impressing.

Spurs broke their transfer record to bring in Argentine attacker Erik Lamela from Roma.

Tottenham Hotspur: A –

What Spurs managed to do in the window was remarkable. Okay, they lost their star man to Real Madrid, but everyone knew that was going to happen pretty much from the end of last season. But Franco Baldini and Daniel Levy reinvested all of the Gareth Bale cash to add Roberto Soldado, Paulinho, Nacer Chadli, Vlad Chiriches, Etienne Capoue, Erik Lamela and Christian Eriksen. This summer has reshaped Tottenham’s future with fantastic deals meaning over $145 million was spent.

West Bromwich Albion: C

The Baggies have yet to score in the PL after three games so added attackers Victor Anichebe and Stephane Sessegnon in club record deals on deadline day to help bolster their offense. Steve Clarke needed a few more signings and the Albion squad looked particularly thin at the back and up top. Could be a long hard season after several targets feel through West Brom’s grasp early in the summer.

West Ham United: B

Sam Allardyce signed some recognized Premier League talent and left it at that. Towering striker Andy Carroll signed from Liverpool on a permanent deal following his loan and Reds winger Stewart Downing also arrived. Experienced Romanian international Razvan Rat came in as the Hammers added to their powerful squad with a few players capable of making a difference. Decent dealings from Big Sam.